NVIDIA CEO: Tegra 3 tablets will run $300 in “couple quarters”

Call it the Kindle Fire effect, but it won’t be long before powerful, cutting-edge Android tablets see their prices plummet. We’ve yet to see a Tegra 3 device arrive on the market however we can look forward to them getting significantly cheaper over the next “couple” of quarters. The news comes directly from NVIDIA CEO Jen-Hsun Huang, who recently spoke with tech journalists late last week.

Considering that today’s top Android tablets run around $500 for 10.1-inch models we are anxious to see prices come down by around 40 percent or more. As a reminder, the first Tegra 3 device is set to debut in the coming days as the Transformer Prime arrives. Could you wait another six months or so to get a quad-core tablet at about half the cost?

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Scott has been running AndroidGuys since 2007 and loves nothing more than reading up on the latest smartphone rumors. His other mobile efforts can be found on Android Update (CNET) where he covers Google's mobile platform.